## Pylontech Achieves Tier 1 Global Energy Storage Manufacturer Status, Reinforcing its Leading Position in the Industry
SHANGHAI, October 25, 2024
– Pylontech (688063:SHH) has been officially recognized as a Tier 1 Global Energy Storage Manufacturer by BloombergNEF (BNEF), solidifying its standing as a top player in the global energy storage sector. This prestigious designation, awarded by the esteemed research organization BNEF, follows a rigorous and meticulous selection process. It serves as a highly respected benchmark, providing transparency among hundreds of manufacturers and highlighting companies with a global reputation for excellence.One of the key criteria for achieving Tier 1 status is the delivery of high-quality products for large-scale projects. Pylontech’s inclusion in this elite list underscores its leadership in the global energy storage market. Since its inception in 2009, the company has expanded its reach from household energy storage to larger-scale projects, becoming a global leader in the field. To date, Pylontech has delivered over a million energy storage systems worldwide, further fueling its growth and impact in the industry.
This success can be attributed to Pylontech’s unwavering commitment to innovation and its extensive research and development activities. Leveraging its technological and manufacturing capabilities encompassing battery cells, Battery Management Systems (BMS), Energy Management Systems (EMS), and complete system integration, Pylontech has realized high-quality and reliable energy solutions across a wide range of scenarios – from residential applications to commercial and industrial (C&I), as well as large-scale projects. This expertise has enabled Pylontech to gain a deep understanding of energy storage technologies and the market, empowering the company to create greater value not only for its customers but also for the broader energy industry.
Over the past two years, Pylontech has also been expanding its global footprint. Through strategic partnerships and the establishment of direct operations in markets such as the Netherlands, Germany, Italy, and the USA, the company has enhanced its ability to provide efficient and accessible services to its customers worldwide.
“Driven by our vision of ‘Delivering Smarter Energy to Billions,’ Pylontech remains committed to advancing energy storage technology and providing innovative solutions to customers across the globe,” said Geoffrey Song, Vice President of Pylontech. “We are confident that together with our industry partners, we can contribute to a more sustainable future.”